Housing & Urban Development Corporation share price
NSE: HUDCOBSE: 540530FinanceMid Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹145.25.
27 Oct: open ₹145.00, high ₹145.97, low ₹142.60
- Next results date: the board meets on 4 Nov 2026 to consider: financial results and dividend. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹28,693 Cr224th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 6.74
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.31
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 4.29%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 21.3%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Net interest margin in the glossary
- 2.89%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Cost of funds in the glossary
- 7.17%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Credit cost in the glossary
- −0.13%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. Return on assets in the glossary
- 2.73%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Assets per rupee of net worth in the glossary
- 7.39times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 29,60,20755.3% delivered
About Housing & Urban Development Corporation
Housing and Urban Development Corporation Limited (HUDCO) is a Government of India undertaking that finances housing and urban infrastructure projects across India.1 Its borrowers include State Governments and their agencies, such as housing boards, development authorities, metro rail and municipal corporations, as well as public sector undertakings and power utilities.2 It also offers consultancy in urban planning, architecture and engineering, and trains officials through its Human Settlement Management Institute (HSMI).34
HUDCO was incorporated on 25 April 1970 and received Navratna status (which gives a state-owned company more freedom to invest and borrow) on 18 April 2024.5 The Reserve Bank of India registered it as an infrastructure finance company (a non-bank lender focused on infrastructure) on 23 August 2024, converting its earlier registration as a housing finance company.5 The Government of India owns 75% of HUDCO, through the Ministry of Housing and Urban Affairs (54.27%) and the Ministry of Rural Development (20.73%).67 It works from its registered office in New Delhi, 20 regional offices and 11 development offices, and has no overseas office and no subsidiary.8910
In November 2025 it launched the Urban Invest Window (UiWIN), a platform that helps urban local bodies (city and town governments) prepare bankable projects and raise finance for them.1112 It is a partner in government programmes such as the Pradhan Mantri Awas Yojana housing scheme (PMAY), Smart City, AMRUT, Swachh Bharat and Jal Jeevan Mission.13
Housing & Urban Development Corporation key points
Results
- In the quarter to Jun 2026, revenue from operations rose 27% to ₹3,717.17 crore from ₹2,937.31 crore, and net profit rose 35% to ₹851.11 crore from ₹630.23 crore.14
- In the year to Mar 2026, total income, including other income, rose 29% to ₹13,327 crore and net profit rose nearly 49% to ₹4,034 crore, the highest in the company's history.15
- HUDCO said its return on net worth (profit over shareholders' funds), 20.20% in the year to Mar 2026 against 15.67%, was lifted by ₹1,442 crore of perpetual debt (bonds with no maturity) and a ₹1,800 crore deferred tax liability reversal (tax provided for later years).16
- The company said its operating margin (operating profit as a share of revenue) was 24.50% in the year to Mar 2026 against 35.27%, mainly due to foreign exchange movements and lending rates rationalised to stay competitive with peers.17
Loan book and deposits
- HUDCO's loan book reached ₹1,73,123 crore at the end of June 2026, up 28.80% from ₹1,34,410 crore a year earlier; 98.98% of it is lent to governments and their agencies, most of it backed by state government guarantees.1819
- HUDCO loan book by sector, end of June20
Item quarter to Jun 2026 quarter to Jun 2025 Urban infrastructure ₹1,29,332.88 crore ₹87,253 crore Affordable housing ₹43,789.99 crore ₹47,157 crore - In the quarter to Jun 2026, HUDCO sanctioned loans of ₹65,485 crore, up 91% from ₹34,224 crore, and disbursed ₹16,377.14 crore, its highest for any quarter.21
- In the year to Mar 2026, HUDCO disbursed ₹51,194 crore of loans, up 28% and its highest ever.22
Asset quality and capital
- At the end of June 2026, HUDCO's gross NPAs (loans whose repayments have stopped) were ₹1,668.86 crore, or 0.96% of loans, and net NPAs after provisions ₹82.43 crore, or 0.0483%; provisions covered 95.06% of gross NPAs.2324
- On its earnings call of 28 Jul 2026, the company said about ₹1,100 crore of its gross NPAs were at different stages at the National Company Law Tribunal (the insolvency court) and that it expected to resolve them during the current financial year.25
- HUDCO's capital adequacy ratio (capital held against risk-weighted loans) was 39.41% at the end of June 2026; the regulatory minimum is 15%.2627
Borrowings
- HUDCO borrowings by source, end of June 20262829
Item quarter to Jun 2026 Bank loans 46.74% Bonds 39.87% Foreign currency loans (external commercial borrowings and official development assistance) 10.40% Refinance 2.99% - In the year to Mar 2026, HUDCO raised JPY 92 billion of foreign loans at an all-in cost of 5.76% including hedging.30
- On its earnings call of 28 Jul 2026, the company said it had tie-ups of about $2 billion under a foreign currency facility on which the RBI takes care of hedging, at a cost of 5.5% to 6.5%.31
Customers and partners
- HUDCO's 20 largest borrowers accounted for 74.11% of its advances at the end of March 2026, against 77.98% a year earlier.32
- HUDCO has signed memoranda of understanding (agreements of intent) with the governments of Rajasthan, Madhya Pradesh, Chhattisgarh, Gujarat, Bihar and Odisha, covering affordable housing, metro rail, expressways and satellite townships.33
What the company expects
- The company stated in its annual report for the year to Mar 2026 that its objective is to expand its loan book beyond ₹3 lakh crore by 2030.34
- On its earnings call of 28 Jul 2026, the company said it plans disbursements of about ₹65,000 crore in the year to Mar 2027, with a Board-approved borrowing plan of about ₹70,000 crore.35
- On its earnings call of 28 Jul 2026, the company said it expects its spread (yield on loans less cost of funds) to stay at 2% and its net interest margin (interest earned less interest paid, over lending assets) at 3%.36
Recent events
Litigation and regulatory matters
- As of its annual report for the year to Mar 2026, HUDCO's 2013 appeal to the Supreme Court against an arbitration award favouring Ansal Properties & Infrastructure Ltd (APIL) over ground rent for the Andrews Ganj shopping arcade was pending.39
- APIL's insolvency had put proceedings against it under a moratorium (a legal pause); in January 2026 the National Company Law Appellate Tribunal clarified that the insolvency does not cover the Andrews Ganj arcade site, so the company said those cases continue.40
- NSE and BSE fined HUDCO ₹1,40,88,020 and ₹1,40,72,680 for not meeting corporate governance requirements from 30 Sep 2019 to 31 Dec 2025; HUDCO shows the fines as contingent liabilities (possible obligations not provided for).41
Last updated
All 41 sources, each with its page
- 1. Annual report, 30 Jul 2026, page 370
- 2. Annual report, 30 Jul 2026, page 106
- 3. Annual report, 30 Jul 2026, page 29
- 4. Annual report, 30 Jul 2026, page 65
- 5. Annual report, 30 Jul 2026, page 370
- 6. Annual report, 30 Jul 2026, page 329
- 7. Investor presentation, 27 Jul 2026, page 4
- 8. Annual report, 30 Jul 2026, page 99
- 9. Annual report, 30 Jul 2026, page 106
- 10. Annual report, 30 Jul 2026, page 100
- 11. Annual report, 30 Jul 2026, page 80
- 12. Annual report, 30 Jul 2026, page 82
- 13. Annual report, 30 Jul 2026, page 81
- 14. Investor presentation, 27 Jul 2026, page 23
- 15. Annual report, 30 Jul 2026, page 30
- 16. Annual report, 30 Jul 2026, page 83
- 17. Annual report, 30 Jul 2026, page 83
- 18. Investor presentation, 27 Jul 2026, page 23
- 19. Investor presentation, 27 Jul 2026, page 21
- 20. Investor presentation, 27 Jul 2026, page 16
- 21. Investor presentation, 27 Jul 2026, page 23
- 22. Annual report, 30 Jul 2026, page 30
- 23. Investor presentation, 27 Jul 2026, page 22
- 24. Investor presentation, 27 Jul 2026, page 23
- 25. Earnings call, 28 Jul 2026, page 12
- 26. Investor presentation, 27 Jul 2026, page 23
- 27. Annual report, 30 Jul 2026, page 30
- 28. Investor presentation, 27 Jul 2026, page 19
- 29. Investor presentation, 27 Jul 2026, page 19
- 30. Annual report, 30 Jul 2026, page 60
- 31. Earnings call, 28 Jul 2026, page 13
- 32. Annual report, 30 Jul 2026, page 494
- 33. Annual report, 30 Jul 2026, page 32
- 34. Annual report, 30 Jul 2026, page 77
- 35. Earnings call, 28 Jul 2026, page 10
- 36. Earnings call, 28 Jul 2026, page 13
- 37. Exchange filing, 16 Oct 2026, page 1
- 38. Exchange filing, 3 Sep 2026, page 1
- 39. Annual report, 30 Jul 2026, page 308
- 40. Annual report, 30 Jul 2026, page 308
- 41. Annual report, 30 Jul 2026, page 458
Results
Consolidated; ₹ crore. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.Housing & Urban Development Corporation quarterly results
- Income from operations growth, 12 monthsIncome from operations growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +25.9%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +53.0%
Quarter to Jun 2026, against the quarter before
- Income from operationsIncome from operations. The pill is the change in income from operations against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹3,717 Crup 4.33%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹851 Crdown 57.04%
Income from operations by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Income from operations | 2,518 | 2,760 | 2,845 | 2,937 | 3,219 | 3,431 | 3,563 | 3,717 |
| Net profit | 689 | 735 | 728 | 630 | 710 | 713 | 1,981 | 851 |
Year to Mar 2026, against the year before
- Income from operationsIncome from operations. The pill is the change in income from operations against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹13,150 Crup 27.53%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹4,034 Crup 48.92%
Income from operations by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income from operations | 3,510 | 4,076 | 5,548 | 7,532 | 7,235 | 6,954 | 7,086 | 7,784 | 10,311 | 13,150 |
| Net profit | 842 | 800 | 1,180 | 1,708 | 1,579 | 1,716 | 1,701 | 2,117 | 2,709 | 4,034 |
Business segments
In the year to Mar 2026 the company reports one business segment, Infrastructure Finance, which carries all its revenue.
Valuation
Today, against the company's own history.Housing & Urban Development Corporation PE ratio and valuation
At or below today's level on 44% of 2,148 trading days since Feb 2018.
At or below today's level on 64% of 1,950 trading days since Nov 2018.
At or below today's level on 65% of 2,299 trading days since Jul 2017.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −16.2% | +48.9% | −46.3% | 3.8% |
| 3 years | +57.2% | +33.3% | +15.9% | 2.7% |
| 5 years | +35.0% | +20.6% | +7.3% | 5.5% |
Mutual fund holdings
85 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 60 of the 66 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 85 funds holding Housing & Urban Development Corporation
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 31
- CutCut. Funds that held fewer shares than at the end of the month before.
- 35
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 16
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 7
| Fund | |||
|---|---|---|---|
| 56,93,087 | 1.45% | ₹94.8 Cr | |
| 44,91,607 | 0.51% | ₹74.8 Cr | |
| 33,00,000 | 0.05% | ₹55.0 Cr | |
| 30,56,955 | 0.28% | ₹50.9 Cr | |
| 12,29,000 | 0.93% | ₹20.5 Cr | |
| 9,51,018 | 0.68% | ₹15.8 Cr | |
| 9,43,161 | 1.08% | ₹15.7 Cr | |
| 6,31,516 | 1.35% | ₹10.5 Cr | |
| 6,01,782 | 2.14% | ₹10.0 Cr | |
| 5,25,000 | 1.20% | ₹8.75 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Housing & Urban Development Corporation insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade
- Others: no market trade
Housing & Urban Development Corporation competitors and peers
Financial Institution, 8 listed companies, priced on 27 Oct 2026. The table lists the 7 companies closest to Housing & Urban Development Corporation in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1,04,151 | 4.00 | 0.78 | +4.6% | +7.1% | 20.8% | – | 2.78% | 3.83% | 5.94% | |
| 97,439 | 13.22 | 1.61 | +12.5% | +7.9% | 12.6% | – | 1.39% | −4.92% | 2.95% | |
| 75,442 | 5.00 | 0.79 | −0.8% | −12.6% | 16.9% | – | 2.60% | 3.74% | 4.75% | |
| 28,008 | 14.23 | 1.95 | – | – | 14.4% | – | 2.16% | 3.92% | 1.35% | |
| 15,910 | 91.20 | 1.78 | +4.8% | – | 2.0% | 4.6% | – | – | 0.00% | |
| 7,178 | 46.58 | 5.46 | +14.8% | +41.4% | 12.2% | – | 5.47% | 6.89% | 0.39% | |
| 76 | – | – | +7.8% | – | – | – | −56.12% | −65.65% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Housing & Urban Development Corporation dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 17 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹1.50 |
| 31 Jul 2026 | Interim | ₹1.25 |
| 27 Mar 2026 | Interim | ₹1.25 |
| 6 Feb 2026 | Interim | ₹1.15 |
| 19 Nov 2025 | Interim | ₹1.00 |
| 8 Sep 2025 | Final | ₹1.05 |
Latest announcements
Routine notices left out.Housing & Urban Development Corporation announcements
Oct 2026
16 Oct · Rating
16 Oct · General Updates
Sep 2026
30 Sep · General Updates
Housing & Urban Development Corporation annual report, year to Mar 2026
Housing & Urban Development Corporation share price by year
Each calendar year to 2025.Housing & Urban Development Corporation share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 228.13 | −2.8% | 247.66 | 165.14 |
| 2024 | 234.71 | +86.4% | 342.20 | 123.95 |
| 2023 | 125.95 | +141.7% | 128.00 | 40.75 |
| 2022 | 52.10 | +33.9% | 57.90 | 31.40 |
| 2021 | 38.90 | −2.0% | 55.45 | 38.55 |
| 2020 | 39.70 | +10.1% | 44.05 | 18.85 |
| 2019 | 36.05 | −16.1% | 46.30 | 30.35 |
| 2018 | 42.95 | −47.9% | 87.10 | 40.30 |
| 2017 | 82.50 | – | 97.70 | 66.10 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 145.50 | 147.30 | 142.58 | 145.25 | 145.20 | 16,49,929 | 44.0% |
| 23 Oct 2026 | 152.18 | 152.21 | 144.14 | 146.02 | 146.21 | 24,00,892 | 48.0% |
| 22 Oct 2026 | 153.00 | 153.56 | 151.00 | 151.77 | 152.09 | 15,68,374 | 50.3% |
| 21 Oct 2026 | 157.00 | 157.98 | 152.40 | 154.34 | 154.48 | 28,27,368 | 48.0% |
| 19 Oct 2026 | 161.24 | 161.90 | 155.50 | 156.31 | 157.34 | 22,60,383 | 55.2% |
| 16 Oct 2026 | 161.57 | 162.09 | 159.75 | 161.09 | 160.94 | 11,26,549 | 46.0% |
| 15 Oct 2026 | 163.81 | 163.99 | 160.10 | 161.06 | 162.28 | 19,56,406 | 53.5% |
| 14 Oct 2026 | 164.70 | 165.60 | 163.30 | 164.05 | 164.43 | 13,25,878 | 47.0% |
| 13 Oct 2026 | 163.80 | 166.38 | 161.87 | 164.16 | 163.76 | 21,93,952 | 47.5% |
Company details
- NSE symbol
- HUDCO
- BSE code
- 540530
- ISIN
- INE031A01017
- Industry
- Finance
- Website
- www.hudco.org
- CIN
- L74899DL1970GOI005276
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1970
- Registered office
- HUDCO Bhawan, India Habitat Centre,, Lodhi Road, New Delhi 110003, Delhi
- Share registrar
- Beetal Financial & Computer Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments